Country is expected to attract more than $11B direct investment by end of 2018, head of investment office says
Turkey attracted nearly $7 billion direct investment in the first 8 months of 2018, said head of the country’s presidential investment office.
This figure was almost the same with the last year’s January-August period, Arda Ermut told Anadolu Agency.
He noted that Turkey is expected to attract over $11 billion direct investment by the end of the current year, which is more than the 2017’s figures.
“When looking at economic issues […] it is important that figures did not drop compared to the last year,” he said, adding: “But we think that Turkey’s investment potential was much higher.”
The year 2019 will be a positive one with regards to investments due to structural measures, Ermut said.
“Turkey will continue to attract the attention of international investors,” he said.
Reporting by Eda Topcu:Writing by GokhanErgocun